Binance Woo Network Quiz Answers

Q1. What share of Woo Network’s revenue contributes to the monthly buyback and
burn?

Answer: 50%

Q2. what is Woo Network’s centralized exchange called?

Answer: WOO X

Q3. How much does Kronos research trade each day?.

Answer: $1 Billion+

Q4. What network did WOOFi first launch on?

Answer: BNB Chain

Q5. Who benefits from WOO Network’s services?

Answer: All of the above

Q6. WOO Network was selected as a judge in BIN Chain’s most valuable builder
program? True or false?

Answer: False

Q7. Who invested in WOO network’s series A+ fundraising round in 2021?

Answer: Binance Labs

Q8. Which ecosystems are partnered with WOO DAO?

Answer: All of the above

Q9. WOO Network was designed to address high fees and fragmented liquidity across
crypto networks and applications. True or false?

Answer: True

Binance Terra (LUNA) Quiz Answers

Q1. What US dollar amount of LUNA can you convert one TerraUSD into?

Answer: $1

Q2. Terra stablecoins are overcollateralized. True or false?

Answer: False

Q3. Which of the following fiat currencies have stablecoin versions on Terra?
 Answer: All of the above

Q4. Where can you stake LUNA to take part in Terra governance?

Answer: Terra Station

Q5. For its consensus mechanism, Terra uses:

Answer: Delegated Proof of Stake

Q6. Terra is based in Mongolia. True or false?

Answer: False

Q7. Anchor Protocol allows users to borrow crypto through:

Answer: Over-collateralization

Q8. You can earn ANC on Anchor Protocol by:

Answer: Staking certain LP Tokens, Staking ANC, Borrowing stablecoins

Q9. Terra was created using:

Answer: Cosmos SDK

Binance ANKR Quiz Answers Today

Q1. Which of the following best describes Ankr?

Answer: Option B

Q2. What is the utility of the native ANKR token?

Answer: All of the above

Q3. Ankr helps developers access data from blockchains via Remote Procedure Calls
(RPCS) and Application Programming Interfaces (APIs).

Answer: True

Q4. Ankr provides Web3 tools for:

Answer: All of the above

Q5. Ankr Protocol is a marketplace for decentralized node infrastructure

Answer: True

Q6. What is liquid staking?

Q7. Ankr has been decentralized since day one.

Answer: False

Q8. Ankr is one of the fastest growing decentralized infrastructure providers.

Answer: True

Q9. Who uses the ANKR token?

Answer: All of the above

Q10. ANKR token holders can vote on the overall direction of Ankr Protocol via Ankr
DAO

Answer: True

Binance Polkastarter Quiz Answers

1. What is Polkastarter?

Answer - Polkastarter is a decentralized crowdfunding platform and leading IDO

2. Polkastarter was founded in 2020, by Daniel Stockhaus, Tiago Martins, and Miguel
Leite.

Answer - True

3. Polkastarter aims to become multichain. Which chains does the launchpad support?

Answer - Polkastarter currently supports Ethereum, BNB Chain, Polygon, Celo, and
Avalanche.

4. What are Polkastarter’s key features?

Answer - Fixed Swap Pools, IDO farming and Polkastarter gaming

6. POLS is the Polkastarter utility token. Holding or staking POLS allows users to
enter IDO’s and NFT sales with higher chances of success. True or false?

Answer - True

6. What are the requirements to participate in an IDO on Polkastarter?

Answer - Users must hold or stake 250 POLS or more, pass KYC, and be allowlisted.
7. How many POLS is it necessary to hold or stake to be eligible for the allowlist?

Answer - 250 POLS or more.

8. Besides IDOS, what other types of investment opportunities can the community
find at Polkastarter?

Answer - Polkastarter Gaming & NFT SalesBinance Woo Network Quiz Answers

Q1. What share of Woo Network’s revenue contributes to the monthly buyback and
burn?

Answer: 50%

Q2. what is Woo Network’s centralized exchange called?

Answer: WOO X

Q3. How much does Kronos research trade each day?.

Answer: $1 Billion+

Q4. What network did WOOFi first launch on?

Answer: BNB Chain

Q5. Who benefits from WOO Network’s services?

Answer: All of the above

Q6. WOO Network was selected as a judge in BIN Chain’s most valuable builder
program? True or false?

Answer: False

Q7. Who invested in WOO network’s series A+ fundraising round in 2021?

Answer: Binance Labs

Q8. Which ecosystems are partnered with WOO DAO?

Answer: All of the above

Q9. WOO Network was designed to address high fees and fragmented liquidity across
crypto networks and applications. True or false?

Answer: True

Binance Terra (LUNA) Quiz Answers

Q1. What US dollar amount of LUNA can you convert one TerraUSD into?
 Answer: $1

Q2. Terra stablecoins are overcollateralized. True or false?

Answer: False

Q3. Which of the following fiat currencies have stablecoin versions on Terra?

Answer: All of the above

Q4. Where can you stake LUNA to take part in Terra governance?

Answer: Terra Station

Q5. For its consensus mechanism, Terra uses:

Answer: Delegated Proof of Stake

Q6. Terra is based in Mongolia. True or false?

Answer: False

Q7. Anchor Protocol allows users to borrow crypto through:

Answer: Over-collateralization

Q8. You can earn ANC on Anchor Protocol by:

Answer: Staking certain LP Tokens, Staking ANC, Borrowing stablecoins

Q9. Terra was created using:

Answer: Cosmos SDK

Binance ANKR Quiz Answers Today

Q1. Which of the following best describes Ankr?

Answer: Option B

Q2. What is the utility of the native ANKR token?

Answer: All of the above

Q3. Ankr helps developers access data from blockchains via Remote Procedure Calls
(RPCS) and Application Programming Interfaces (APIs).

Answer: True

Q4. Ankr provides Web3 tools for:

Q5. Ankr Protocol is a marketplace for decentralized node infrastructure

Answer: True

Q6. What is liquid staking?

Answer: Option A

Q7. Ankr has been decentralized since day one.

Answer: False

Q8. Ankr is one of the fastest growing decentralized infrastructure providers.

Answer: True

Q9. Who uses the ANKR token?

Answer: All of the above

Q10. ANKR token holders can vote on the overall direction of Ankr Protocol via Ankr
DAO

Answer: True

Binance Polkastarter Quiz Answers

1. What is Polkastarter?

Answer - Polkastarter is a decentralized crowdfunding platform and leading IDO

2. Polkastarter was founded in 2020, by Daniel Stockhaus, Tiago Martins, and Miguel
Leite.

Answer - True

3. Polkastarter aims to become multichain. Which chains does the launchpad support?

Answer - Polkastarter currently supports Ethereum, BNB Chain, Polygon, Celo, and
Avalanche.

4. What are Polkastarter’s key features?

Answer - Fixed Swap Pools, IDO farming and Polkastarter gaming

6. POLS is the Polkastarter utility token. Holding or staking POLS allows users to
enter IDO’s and NFT sales with higher chances of success. True or false?
Answer - True

6. What are the requirements to participate in an IDO on Polkastarter?

Answer - Users must hold or stake 250 POLS or more, pass KYC, and be allowlisted.

7. How many POLS is it necessary to hold or stake to be eligible for the allowlist?

Answer - 250 POLS or more.

8. Besides IDOS, what other types of investment opportunities can the community
find at Polkastarter?

Answer - Polkastarter Gaming & NFT Sales